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Oversized residential vacant lot located on Leach Street in Englewood, offering exceptional potential for builders, investors or anyone looking to create their dream property. This expansive parcel measures approximately 125 x 299 feet (37, 375 Sq. Ft. ) and offers the unique possibility to be subdivided into up to four separate lots, making it an outstanding development opportunity. The property has access to public water and sewer, which is a significant advantage for future construction. With generous depth and width, the lot provides plenty of flexibility for multiple home sites, spacious yards or custom builds. Conveniently located in the highly desirable Wellen Park High School district, the property is just a short drive from shopping, restaurants, golf courses and everyday conveniences. Englewood’s beautiful Gulf beaches, including Manasota Key and Englewood Beach, are also within easy reach. Whether you are looking to build now, develop multiple homes or hold as an investment in this rapidly growing area of Southwest Florida, this oversized parcel offers endless possibilities. No HOA fees and plenty of room to design the project that fits your vision. Don’t miss this rare opportunity to own a large piece of land in a prime location with strong development potential.
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Our Executive Mortgage Banker:
Our Insurance Division:
$190,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $152,000 | $152,000 | $152,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.730% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $910 | $948 | $1,241 |
| Total Monthly Payment | $985 | $1,023 | $1,316 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.